It’s not that I want money. It’s the fun of making money and watching it grow.
Interpretation
The joy comes not from money itself, but from the process of earning and growing it.
This quote by Warren Buffett emphasizes that the true satisfaction derived from money lies in the journey of making it and observing its growth, rather than in the money's mere existence. It highlights the idea that the pursuit and experience associated with wealth creation can be more fulfilling than the financial rewards themselves.
In practice
In a motivational speech about entrepreneurship, you could use this quote to inspire others to embrace the process of business.
I have no views as to where it will be, but the one thing I can tell you is it won't do anything between now and then except look at you. Whereas, you know, Coca-Cola (KO) will be making money, and I think Wells Fargo (WFC) will be making a lot of money and there will be a lot - and it's a lot - it's a lot better to have a goose that keeps laying eggs than a goose that just sits there and eats insurance and storage and a few things like that.
If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best?
Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.
I think you should read everything you can. In my case, by the age of 10, I'd read every book in the Omaha public library about investing, some twice. _x000D_ You need to fill your mind with various competing thoughts and decide which make sense.
The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimism that is the enemy of the rational buyer.
One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.
It takes tremendous will to compete in any athletic endeavor, so it meant going to bed early and getting my homework done in advance. I had to sacrifice things, like a social life, to be a skater at 15. But I loved skating so much that it was worth everything to me.
I think many start-ups make mistakes because they are focusing on things that are farther ahead, and they haven't done the work that has built the foundation to support it.
According to this law [the law of Dharma], you have a unique talent and a unique way of expressing it. There is something that you can do better than anyone else in the whole world--and for every unique talent and unique expression of that talent, there are also unique needs. When these needs are matched with the creative expression of your talent, that is the spark that creates affluence. Expressing your talents to fulfill needs creates unlimited wealth and abundance.
Passion gets an entrepreneur through the startup days and the enormous efforts it takes to build a business.
What is an entrepreneur? Someone who jumps off a cliff and builds a plane on the way down.
Failure is inherent in the game. So if you don't respond well to adversity, you're probably not going to have a long career.
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